Laws, Regulations & Annotations

Business Taxes Law Guide – Revision 2013
 

Sales and Use Tax Annotations


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C

190.0000 CONSTRUCTION CONTRACTORS—Regulation 1521

Annotation 190.2515

(c) MEASURE OF TAX

190.2515 Proper Period for Reporting "Fixtures" and "Materials." The proper period for reporting sales of fixtures and consumption of materials for transactions constituting "construction contracts" under Regulation 1521 are:

(1) Tax is due for installed fixtures no later than the reporting period during which they are installed; and

(2) Tax is due on materials for the reporting period during which they are allocated to a contract.

This rule is applicable to construction contractors who furnish and install fixtures and/or materials in the performance of construction contracts. 8/11/78.